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The reason you would want to buy an existing laundromat is the startup costs are pretty high. Commercial washers and dryers are not cheap. It makes a lot more financial sense to purchase an already established laundromat than to start from scratch.

I'm shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for children in the usa. Nonetheless batting cages are hard to come by depending on your geographical area.

Something to be aware of, however, is that these can need a good deal of money up front. You will have to have a big facility, equipment, and someone to run the crate.

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So be certain to do your due diligence before you invest too much money in this endeavor. Buying an existing batting cage business may be a more financially sound choice.

Another way you can make passive income is by designing t-shirts and other products even with no previous design skills. Websites like Redbubble allow you to upload your witty design ideas and then create t-shirts, coffee mugs, laptop covers, etc..

Shoppers then stop by the website and take a look at your goods. When they purchase one of the designs, Redbubble will pay you a portion of the gains. They handle all the production and shipping of merchandise.

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Bond and CD laddering involves owning several different bonds and/or Certificates of Deposit. Every one matures at different times during the year. Then you take the profits from these investments as cash income during the year.

Though many CDs and bonds may not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally come with little to no risk. This helps ensure a good income supply on a regular basis.

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Thousands of people daily are looking to rent any variety of items. Craigslist can be a great place to promote your items for rent. Here are some ideas of products that you could rent out:

Just ensure you have a proper rental agreement signed by both parties. Also, get paid in money beforehand, and get a current photo ID and secondary evidence of speech from renters.

This can help you to protect the property youre renting out. For extra peace of mind, consider requesting a safety deposit as well.

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As you can see there are a ton of ways that you can earn passive see it here income. With luck, this list has helped you narrow down which source of income is most effective for you.

So if youre tired of this traditional means of making money, implement a few of the passive income strategies above so you can start working and making more money as you sleep now.

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From the wise ideas like an online course to the dress-me-in-the-white-jacket notions like writing articles for adsense, Ive thought about pretty much every passive income stream there is.

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During this time the one thing I wanted more than anything else, was a large fat epic record of ALL the possible passive income streams there were.

Unfortunately no one has even till this day made a complete list. I spent the past week getting wealthy on strong Ethiopian espresso and compiling every different income stream from my mind, my notes and the net interwebs!

PS if you want to cut to the chase you can get access to 3 of my preferred passive income ideas right here or you can check out 30 of my beloved real life passive income businesses here.

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Ie first you need to haul ass and do something crazy, eg write a quality 20,000 word blossom (insanely discover this not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your iPhone each morning as sale after sale after sale is madeon an ongoing basis and without any additional effort.

As you can observe passive income flows simply come out of resources, and assets are bought with money (eg rental property) or in the case of almost all of the ideas below, bought through sweat (eg ebook)!